Russia’s energy sector is diverse and includes significant outputs of global oil, gas, coal, nuclear and other energy resources. Russian energy sector has focused on stabilizing production and redirecting exports to Asian markets while navigating tightened Western sanctions, while increasing exports of NPP technologies. Explore investment and partnership opportunities in Russia’s vast energy sector. Get the latest analysis on oil, gas, and renewable projects. Key intelligence for global energy businesses and investors.
The United States Treasury ‘Office of Foreign Assets Control’ (OFAC) has issued a license permitting transactions involving Russia’s Lukoil and Rosneft related to the operation of the Caspian Pipeline Consortium (CPC) and the Tengiz and Karachaganak fields in Kazakhstan. The license foes not require any “transactions for the sale, disposition, or transfer of any interest” […]
The trilateral gas project involving Russia, Kazakhstan, and Uzbekistan has proven successful, and gas transit volumes are expected to grow, Kazakhstan’s President Kassym-Jomart Tokayev said during a briefing in Tashkent, where he arrived on a state visit. Tokayev stated that “The Russia-Kazakhstan-Uzbekistan gas project is showing strong results. Through joint efforts, we intend to increase […]
The Russian President, Vladimir Putin, has met with Kassym-Jomart Tokayev, the President of Kazakhstan, in Moscow. This follows an Intergovernmental Commission meeting held in Astana a few days earlier, which we discussed here. Russia and Kazakhstan are both neighbours, ex-Soviet Union partners, and members of the Commonwealth of Independent States, the Eurasian Economic Union and […]
The Russian president, Vladimir Putin, has held discussions with Uzbekistan’s president, Shavkat Mirziyoyev. The leaders talked by phone and “discussed further development of the Russian-Uzbekistani relations as a strategic partnership and alliance across a wide band of areas. Special attention was given to implementing big joint projects, including in the energy sector,” according to a […]
The Novosibirsk Chemical Concentrates Plant (NZHK), a subsidiary of Russia’s state-owned Rosatom, has exported nuclear fuel to Vietnam’s Dalat research reactor, the company has reported. NZHK has stated that “The fuel supplied will ensure the unit can function reliably until the 2030s.” Vietnam’s Dalat reactor, functioning as part of the Dalat Nuclear Research Institute, is […]
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By Charles van der Leeuw Russia’s return to serious trade and investment on the African continent only seriously took off almost three decades after the breakup of the Soviet Union. The legacy the USSR had left in Africa remained untouched by western powers for a long time, and when China, in 2014, announced its Belt […]
Gazprom has for the sixth time in two months set a new record for daily gas supplies to China via the Power of Siberia pipeline, the company has stated, saying that “on November 5, Gazprom recorded a new all-time high in daily gas deliveries to China via Power of Siberia. The delivered volume exceeded Gazprom’s […]
India’s crude oil imports from Russia rose in October, despite the US sanctions on Rosneft and Lukoil. India’s October imports of Russian oil reached 1.48 million barrels per day, according to data from oil tracking companies Kpler and OilX. Kpler estimated India’s Russian crude imports at about 1.48 million barrels per day (bpd) in October, […]
Russia’s Tatneft has registered a project to generate solar power in Uzbekistan on India’s Universal Carbon Registry platform, the company has stated, saying, “We have installed solar power plants with an overall capacity of 0.33 MW on the roofs of a tire manufacturing plant in Uzbekistan. Clean solar energy is now used for production needs, […]
Russia’s Lukoil, which was sanctioned by the United States last week, has responded by selling its overseas assets to the Gunvor Group, based in Switzerland. Gunvor is among the world’s largest oil traders, 85% owned by Swedish billionaire Torbjörn Törnqvist. The remaining equity is held by its employees. Lukoil is Russia’s second-largest oil producer, accounting […]
Japan will continue importing Russian liquefied natural gas (LNG) despite pressure to halt purchases, Japanese Prime Minister Sanae Takaichi told US President Donald Trump on Tuesday. Trump was visiting Tokyo as part of a broader Asia tour and urged Japan to suspend Russian energy imports. The new Japanese prime minister, however, emphasized Japan’s own energy […]
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